Risk, Convenience, Cost and Online Payment Choice: A Study ...

Internet Fraud Watch, operated by the National Consumers League, online auction sales have remained the number one source for Internet fraud in the past years. In 2001, 70% of the fraud cases reported to the Internet Fraud Watch were online auction related. The average loss per person in online auction fraud rose from $326 in 2000 to $411 in 2001.4 ................
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